FAIRWAY

Smith & Rio

1979 East Rio Salado Parkway, Tempe, AZ 85281

Property Summary

Completed in 2023, this 5-story apartment community offers modern living in downtown Tempe. Residents enjoy a variety of shared amenities, including a fitness center, pool, hot tub, and a business center with conference rooms. The community is pet-friendly, featuring a dedicated pet washing station and pet lawn. Select units are equipped with in-unit washers and dryers, stainless steel appliances, and quartz or granite countertops. The building provides controlled access and elevator service, with assigned parking available for an additional fee.

Three things to know

13% higher than the studio median within 3 mi

$1,580 to start, vs a median of $1,399 (within 3 mi).

Source · 519 active studio units · Within 3 mi · 45-day window · computed Sep 25, 2026

Required fees add $15/mo

Amenity fee $5/mo, pest control $5/mo, package service $5/mo. Opt-in extras like pet rent or parking are separate.

Source · Apartments.com · checked Sep 24, 2026

cats and dogs allowed

Cats: cost not disclosed. Dogs: cost not disclosed.

Source · Apartments.com · checked Sep 24, 2026

Available units

Checked 4 hours ago

  • Studio · 1 ba · 559 ft² · Unit 4041
    Available Now
    $1,580/mo
  • 1 bd · 1 ba · 615 ft² · Unit 2037
    Available Oct 24
    $1,598/mo
  • Studio · 1 ba · 589 ft² · Unit 2059
    Available Oct 3
    $1,634/mo
  • 1 bd · 1 ba · 573 ft² · Unit 2038
    Available Dec 3
    $1,652/mo
  • 1 bd · 1 ba · 573 ft² · Unit 2035
    Available Sep 30
    $1,695/mo
  • 1 bd · 1 ba · 573 ft² · Unit 3034
    Available Now
    $1,698/mo
  • 1 bd · 1 ba · 573 ft² · Unit 5004
    Available Sep 30
    $1,735/mo
  • 1 bd · 1 ba · 610 ft² · Unit 3064
    Available Now
    $1,739/mo

How the rent compares

This building, studio$1,580
Within 3 mi median$1,399

Source · 519 active studio units · Within 3 mi · 45-day window · computed Sep 25, 2026

Renter facts, criterion by criterion

No overall grade — each row reflects only the fact and source shown.

Rent comparisonBelow average

13% higher than the studio median within 3 mi

Source · 519 active studio units · Within 3 mi · 45-day window · computed Sep 25, 2026

Building ageFact

Built in 2023

Source · Apartments.com · checked Sep 24, 2026

ParkingExtra cost

Priced separately at $80/mo

Source · Apartments.com · checked Sep 24, 2026

Amenities

  • Pool
  • Lounge
  • Fitness Center
  • Elevator
  • Clubhouse
  • Controlled Access
  • Business Center
  • Package Service
  • Maintenance On Site
  • Renters Insurance Program
  • Online Services
  • Pet Washing Station
  • Hot Tub
  • Spa
  • Gated
  • Sundeck
  • Courtyard
  • Grill

Policies & Fees

Pet Policy
Dogs✓ Allowed
Cats✓ Allowed

Source · Apartments.com · checked Sep 24, 2026

Fees & Deposits
One-time fees
Application fee$50
Security deposit$500
Admin fee$275
Monthly fees
Garage parking$80/mo
Pest control$5/mo
Amenity fee$5/mo
Other fees
Late fee$10

Source · Apartments.com · checked Sep 24, 2026

Location

What's Around

Property City

Tempe

AZ

Nearby Schools

Questions renters ask about this building

Is parking included in the rent?

No — the fee schedule lists parking separately at $80/mo.

Source · Apartments.com · checked Sep 24, 2026

Are pets allowed, and what do they cost?

The listing says cats are allowed; cat costs were not disclosed; dogs are allowed; dog costs were not disclosed.

Source · Apartments.com · checked Sep 24, 2026

What deposit should I expect?

The security deposit is $500, plus a $50 application fee.

Source · Apartments.com · checked Sep 24, 2026

What extra monthly fees should I budget for?

The listing totals $15/mo in required fees (amenity fee, pest control, package service), before opt-ins like pet rent or parking.

Source · Apartments.com · checked Sep 24, 2026

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